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Kinnevik AB (KINVb.ST)

KINVb.ST on Stockholm Stock Exchange

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Tue, May 29 2018

Denmark's Pleo raises $16 million in funding led by Kinnevik

STOCKHOLM, May 30 Copenhagen-based financial technology startup Pleo said on Wednesday it had raised $16 million in a series A funding round led by Swedish investment firm Kinnevik, to add staff and expand in Europe.

BRIEF-Kinnevik Net Asset Value at 339 SEK/share March 31

* SAYS NET ASSET VALUE OF SEK 93.3BN (SEK 339 PER SHARE) UP SEK 2.7BN OR 3% DURING THE QUARTER, LED BY A SEK 1.6BN INCREASE IN ZALANDO AND A SEK 0.7BN INCREASE IN MILLICOM

BRIEF-Kinnevik invests $41 mln in Livongo, increases ownership

* SAYS HAS INVESTED USD 41M IN LIVONGO HEALTH INC. ("LIVONGO"), LEADING A USD 105M FUNDING ROUND AND INCREASING ITS OWNERSHIP TO 8% Source text for Eikon: Further company coverage: (Reporting by Stockholm Newsroom)

BRIEF-Kinnevik announces Q4 results for Global Fashion Group

* FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2017 FOR GLOBAL FASHION GROUP (GFG)

BRIEF-Andreas Bernstrom joins Kinnevik as investment director

* ANDREAS BERNSTROM JOINS KINNEVIK AS INVESTMENT DIRECTOR Source text for Eikon: Further company coverage: (Reporting by Stockholm Newsroom)

UPDATE 1-Kinnevik CEO says will do "what we can" for Tele2/Com Hem deal to succeed

Feb 9 Investment firm Kinnevik said on Friday it will do all in its power to see the deal between Tele2 and Com Hem through, after proposing a raised dividend for 2017.

BRIEF-Kinnevik Net Asset Value​ 329 SEK/share per December 31

* SAYS ‍KINNEVIK'S BOARD OF DIRECTORS RECOMMENDS AN ORDINARY DIVIDEND OF SEK 8.25 PER SHARE FOR 2017, A YEARLY INCREASE OF 3.1%, AND EQUIVALENT TO A DIVIDEND YIELD OF 3.0%​

BRIEF-Kinnevik supports proposed merger between Tele2 and Com Hem, becomes largest owner

* KINNEVIK SUPPORTS THE PROPOSED MERGER BETWEEN TELE2 AND COM HEM AND WILL BECOME THE LARGEST OWNER IN THE COMBINED COMPANY

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